May 21, 2024 | Major changes are in store for Connecticut cannabis and hemp businesses in 2024. Four bills passed both Houses at the close of the legislative session on May 8th. This article will summarize some of the most significant changes and their potential impact on businesses in the state.
Public Act 24-76 (HB 5150)
Public Act 24-76, “An Act Concerning Cannabis and Hemp Regulation,” was the primary bill containing amendments to the cannabis statute. It was signed into law on May 11, 2024. The bill was heavily debated and revised several times, leaving industry stakeholders scrambling to keep up. Here is a summary of where we landed, and some projections about how these changes will affect businesses.
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